Search smh:

Search in:

Stocks to watch at close on Tuesday

Stocks to watch on the Australian stock exchange at the close on Tuesday:

BHP - BHP BILLITON - up one cent, or 0.03 per cent, at $36.46

The world's largest miner, BHP Billiton, has cut 500 Australian jobs out of its iron ore business.

CTY - COUNTRY ROAD - up $2.40, or 17.1 per cent, at $16.40

Advertisement

DJS - DAVID JONES - up 15 cents, or four per cent, at $3.94

South African retailer Woolworths is making a $213 million takeover bid for Australian clothing chain Country Road, in an effort to get its David Jones takeover approved by the department store's shareholders.

KMD - KATHMANDU HOLDINGS - down 40 cents, or 12 per cent, at $2.92

Outdoor clothing retailer Kathmandu is the latest in the industry to warn of a winter sales slump.